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Global equities run out of steam, bond yields fall after Fed
Global equities ran out of steam and U.S. bond yields fell after the Federal Reserve raised interest rates as expected, sticking to its script of gradual policy tightening with forecasts of five more rate hikes by 2020. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.05 percent in early trade while Japan's Nikkei (.N225) fell 0.45 percent. The Fed bumped up its policy target by a quarter of a percentage point to 2.00-2.25 percent and indicated that it foresees another rate rise in December, three more next year, and one in 2020.
https://finance.yahoo.com/news/global-equities-run-steam-bond-013120382.html?.tsrc=rss
Global equities ran out of steam and U.S. bond yields fell after the Federal Reserve raised interest rates as expected, sticking to its script of gradual policy tightening with forecasts of five more rate hikes by 2020. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.05 percent in early trade while Japan's Nikkei (.N225) fell 0.45 percent. The Fed bumped up its policy target by a quarter of a percentage point to 2.00-2.25 percent and indicated that it foresees another rate rise in December, three more next year, and one in 2020.
https://finance.yahoo.com/news/global-equities-run-steam-bond-013120382.html?.tsrc=rss
